4 x 4 1 hour charts Bitcoin - GOLD DXY $ - S&P500 It is rare I show 1 hour charts but lots going on and it is even rarer that we see BTC running high along side the DXY $ And even rare still to see this AND GOLD DROPPING We are witnessing a New era beginning Ladies and Gentlemen image
At Time of writing TOTAL Market Cap = + 4.45% TOTAL2 = + 2.29% TOTAL3 = + 2.16 OTHERS = + 2.06 There really is ONLY ONE There can be ONLY ONE BITCOIN IS THE ONE The Recjoning is upon us
To some people, change is simply NOT an option - It is the uncertainty, the unknown, It is not what they have been educated to understand and trust. The Risk endangers their comfort zone and no amount of Gain will sway them away from what they have been told. THIS is why there will always be people that Frown upon change, believe without thinking, what the media tell them to believe, Sheep are protected from the Wolves, given protection and comfort by the very thing that Will eventually eat them. Andf no matter how much we scream and shout to them about the real Truth, they will never listen Be that Black Sheep, The one that DOES LISTEN - The one that DOES TURN AROUND BE THE ONE THAT IS FREE image
Bitcoin on support MACD beginning to turn Bearish RSI has already Dropped, could continue Still looking at that £3K CME Gap That dip would scare some people & it would hit many LONG's USA inflation data released today - will influence future Rate cuts 14th, FED speech - PA may wait Profit taking happening but seems to have leveled off and the coins are being bought right back up Demand is HIGH image
Some info that may be relavent to you GOLD may bounce in the near Future DXY $ may get rejected in the near future We all waiting to see what BITCOIN is going to do
Easy Chart of where this New CME Gap is 90% of the time, Gaps get filled PA currently testing that old line of resistance, as support. If that fails, do expect to see PA hit that Gap. Strong suppor just below so expect a Good bounce back up after Of Course, none of this may happen Time will tell image
That Gap is on rthe CME Bitcoin chart Historically, those Gaps get filled PA will comer back down and "Fill" the gap That points towards PA returning to around 77K at some point These Gap retraces are excellent buying opportunities In Previous bull runs, Gaps were left unfilled for months image
Ladies and Gentsd Bitcoin Traded Directly against Gold Bitcoin just simply WINS more than it looses image
PA follow the 2013 - 2017 ATH fractal It is playing out like clockwork - Which does mean we are likely heading into a short term pull back at some point, with a swift recovery to a newer ATH toward year end / New Year start, impossible to be sure. As mentioned earlier today, be cautious Mid 80's K image
4 hour Bitcoin Chart shows more detail Take note of the MACD, Lower indicator - it is up high and will Drop This does not always lead to PA dipping but it can and so a return to 76660 is a possible move at any point PA is showing Huge strength and remember, it is INTERNATIONAL Everyone wins image